2025-06-13T18:33:26-05:00 2024-07-31 946214841 ARMANINO ADVISORY LLC 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2023-08-01 752805332 LEGACY CHRISTIAN ACADEMY INC LEGA 4696331330 5000 ACADEMY DRIVE FRISCO TX 75034 MARK SMITH CHIEF FINANCIAL OFFICER 4696331330 2025-06-13 1 1 MATTHEW PETROSKI P00853132 9726611843 2025-06-13 2023 2025-03-06 01:10:19Z MARK SMITH 5000 ACADEMY DRIVE FRISCO TX 75034 40417812 0 X LEGACYCA.COM X 1999 TX EDUCATION PK-12 - LEGACY CHRISTIAN ACADEMY IS DEDICATED TO THE DEVELOPMENT OF ACADEMIC EXCELLENCE AND THE SPIRITUAL GROWTH OF ITS STUDENTS. 12 12 343 300 0 0 3426328 3104759 26261474 31736772 58705 186925 -107448 -122186 29639059 34906270 1733597 1769381 0 0 17610613 21013798 0 0 940330 9041968 9619352 28386178 32402531 1252881 2503739 55112281 57646699 30368612 30118484 24743669 27528215 EDUCATION PK-12 - LEGACY CHRISTIAN ACADEMY IS DEDICATED TO THE DEVELOPMENT OF ACADEMIC EXCELLENCE AND THE SPIRITUAL GROWTH OF ITS STUDENTS. 0 0 26970082 1769381 31736772 LEGACY CHRISTIAN ACADEMY IS DEDICATED TO THE DEVELOPMENT OF ACADEMIC EXCELLENCE AND THE SPIRITUAL GROWTH OF ITS 1,448 STUDENTS. 26970082 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 117 0 1 343 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X MARK SMITH 4696331330 5000 ACADEMY DRIVE FRISCO TX 75034 JEFF OWENS CHAIR 5.00 X X 0 0 0 NICOLE FRANKS VICE-CHAIR 5.00 X X 0 0 0 BRETT BINGHAM TREASURER 5.00 X X 0 0 0 LISA LIBERIS SECRETARY 5.00 X X 0 0 0 JOHN ALCALA DIRECTOR 5.00 X 0 0 0 RONNNIE BERRY DIRECTOR 5.00 X 0 0 0 BRAD BRENNEMAN DIRECTOR 5.00 X 0 0 0 KENNETH CHAPMAN DIRECTOR 5.00 X 0 0 0 PATRICK DROESCH DIRECTOR 5.00 X 0 0 0 SHONDA GIBSON DIRECTOR 5.00 X 0 0 0 NICK JOHNSON DIRECTOR 5.00 X 0 0 0 EUNICE NAKAMURA DIRECTOR (THRU 05/24) 5.00 X 0 0 0 DOROTHY SMITH DIRECTOR (THRU 05/24) 5.00 X 0 0 0 BRAD STRUCK DIRECTOR 5.00 X 0 0 0 TRENT WOOD DIRECTOR (THRU 05/24) 5.00 X 0 0 0 KEVIN MOSLEY HEAD OF SCHOOL 40.00 X 279091 0 42338 GENE POTTS CHIEF FINANCIAL OFFICER (THRU 05/24) 40.00 X 124318 0 16945 SHANNON NELSON CHIEF ADVANCEMENT OFFICER 40.00 X 147558 0 14708 ANDREW EMBRY DEAN OF STUDENTS 40.00 X 121716 0 15020 DANIEL TOWNSLEY CHIEF ACADEMIC OFFICER 40.00 X 123571 0 11593 JEFF VEAL PRINCIPAL OF UPPER SCHOOL 40.00 X 117203 0 13538 PAULA BROTHERS CHIEF PEOPLE & CULTURE OFFICER 40.00 X 120207 0 13856 1033664 0 127998 12 0 1 0 INSPERITY 545 E JOHN CARPENTER FRWY STE 110 IRVING TX 75062 PAYROLL AND HR SERVICES 524450 ENTERPRISES JU 2637 PEACH DRIVE LITTLE ELM TX 75068 MAINTENANCE AND JANITORIAL 472619 SERVPRO OF SOUTH FRISCO 2000 HUNTLEY PARKWAY PELHAM AL 35124 CONSTRUCTION SERVICES 307260 J2 COMMERCIAL DEVELOPMENT 11625 CUSTER ROAD 110-208 FRISCO TX 75035 CONSTRUCTION SERVICES 282951 AMERICAN TRANSFERS & TOURS PO BOX 742 COPPELL TX 75019 TRANSPORTATION 263831 10 423335 2681424 229310 3104759 TUITION 611600 31068789 31068789 EXTRA-CURRICULAR 611600 667983 667983 31736772 365559 365559 4863338 5041972 -178634 -178634 -178634 336903 423335 462288 -125385 -125385 9920 7282 2638 2638 VENDING MACHINE 900099 561 561 561 34906270 31736772 0 64739 1769381 1769381 477227 92657 261027 123543 14281743 12236184 1749078 296481 514635 440748 53740 20147 4594334 3802623 650701 141010 1145859 970427 142772 32660 57714 57714 39904 39904 21144 21144 39696 34534 5162 1017463 294990 564328 158145 152605 130123 19076 3406 1778853 1742415 31835 4603 324367 192319 111159 20889 466906 457342 8356 1208 2004176 1963122 35868 5186 442291 397583 43658 1050 EDUCATION & CURRICULUM 1638640 1638640 STUDENT SERVICES 807024 529932 276051 1041 SPECIAL EVENTS 191744 165920 25824 DRUG TESTING 74084 72222 1862 562741 73454 363488 125799 32402531 26970082 4492119 940330 6168889 10264633 321863 275197 231637 220987 16912 8623 631307 873872 59537987 18206933 41537657 41331054 5937173 4225741 266843 446592 55112281 57646699 730031 759629 14055452 15663103 15583129 13243604 0 452148 30368612 30118484 X 24088190 26463809 655479 1064406 24743669 27528215 55112281 57646699 2503739 280807 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5897781 5897781 40007606 10880596 29127010 6674412 4675902 1998510 6958188 2650435 4307753 41331054 OPERATING LEASE LIABILITY 274658 FINANCE LEASE LIABILITY 177490 452148 33866122 280807 469570 750377 33115745 21144 1769381 1790525 34906270 31081576 469570 469570 30612006 21144 1769381 1790525 32402531 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 469,570. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,769,381. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 469,570. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,769,381. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 ALL SCHOOL ADVERTISING INCLUDES A STATEMENT OF ITS NONDISCRIMINATORY POLICY. THIS INCLUDES THE SCHOOL WEBSITE, STUDENT APPLICATIONS, EMPLOYEE APPLICATIONS AND THE FRISCO STYLE MAGAZINE WHICH IS ISSUED FOR FREE TO ALL FRISCO RESIDENTS. LEGACY NIGHT 642171 342211 299960 226075 8881 78611 6222 91150 TJ TOMENY GOLF TOURNAMENT 118067 81124 36943 14562 18192 12045 6550 760238 423335 336903 240637 27073 90656 6222 97700 462288 -125385 1 0 0 FINANCIAL AID 147 1608231 FMV DIRECT CREDIT TO STUDENT ACCOUNT PASTORAL DISCOUNTS 4 44525 FMV DIRECT CREDIT TO STUDENT ACCOUNT MULTI-CHILD DISCOUNTS 467 116625 FMV DIRECT CREDIT TO STUDENT ACCOUNT PART I, LINE 2: THROUGH THE TUITION ASSISTANCE PROGRAM, LEGACY STRIVES TO PROVIDE NEED-BASED TUITION ASSISTANCE FOR MISSION-ALIGNED, QUALIFYING FAMILIES. THIS INCLUDES FAMILIES WHOSE CHILDREN ARE ALREADY ATTENDING LEGACY, AS WELL AS NEW FAMILIES THAT ARE INTERESTED IN ATTENDING LEGACY IN GRADES KINDERGARTEN THROUGH TWELVE. THE AWARD OF FINANCIAL ASSISTANCE DEPENDS PRIMARILY UPON FINANCIAL NEED, BUT ALSO TAKES INTO CONSIDERATION OTHER RELEVANT CIRCUMSTANCES, SUCH AS STUDENTS' PRIOR ACADEMIC ACHIEVEMENTS, COMMUNITY AND EXTRACURRICULAR INVOLVEMENT. APPLICATION AND QUALIFICATION PROCESS: LEGACY CHRISTIAN ACADEMY WILL ENSURE THAT THE APPLICATION, QUALIFICATION AND SELECTION PROCESS FOR RECEIVING TUITION ASSISTANCE IS CONDUCTED WITH THE UTMOST INTEGRITY, IS BASED PRIMARILY UPON A FAMILY'S NEED AND NOT A STUDENT'S MERIT. TO APPLY FOR FINANCIAL ASSISTANCE UNDER THE TUITION ASSISTANCE PROGRAM, THE PARENTS OR GUARDIANS OF THE PROSPECTIVE STUDENT(S) MUST: - COMPLETE THE APPLICATION PROCESS FOR LEGACY CHRISTIAN ACADEMY - PROVIDE A LETTER DESCRIBING THE CIRCUMSTANCES, FINANCIAL AND OTHERWISE, WHICH LED TO THE NEED FOR FINANCIAL ASSISTANCE, HOW LONG THE NEED FOR FINANCIAL ASSISTANCE MAY LAST, AND HOW YOU PLAN TO SUPPORT YOUR CHILD'S TUITION IN THE FUTURE AS THEY CONTINUE AT LEGACY. EVALUATION/ACCEPTANCE CRITERIA AND PROCESS FACTS CONDUCTS AN INDEPENDENT REVIEW, VERIFICATION, AND ANALYSIS OF APPLICANT'S FINANCIAL CONDITION AND NEED, USING ITS OWN GUIDELINES AND CRITERIA AND THEN PROVIDES LEGACY WITH A WRITTEN RECOMMENDATION ON WHETHER AN APPLICANT IS QUALIFIED TO RECEIVE FINANCIAL ASSISTANCE. ONCE FACTS RECOMMENDS THAT AN APPLICANT QUALIFIES FOR FINANCIAL ASSISTANCE, LEGACY WILL CONSIDER THE SELECTION OF AN APPLICANT TO RECEIVE FINANCIAL ASSISTANCE BASED UPON NEED AS WELL AS THE AVAILABILITY OF FUNDING. THE SELECTION PROCESS IS CONDUCTED BY A COMMITTEE MADE UP OF FINANCIAL AND ADMISSIONS EMPLOYEES. AS REFERENCED ABOVE, FINANCIAL ASSISTANCE APPLICATIONS ARE APPROVED AND VALUED BASED ON SEVERAL SELF-DEFINED FACTORS, INCLUDING: - THE PARTICULAR CIRCUMSTANCES, FINANCIAL AND OTHERWISE, WHICH LED TO THE NEED FOR ASSISTANCE. - LEGACY'S NEEDS WITH THE GRADES TARGETED FOR ENROLLMENT. - THE PLAN IN PLACE BY APPLICANTS TO EVENTUALLY PAY A PORTION OF THE TUITION. - THE APPLICANT'S PRIOR ACADEMIC ACHIEVEMENTS AND COMMUNITY/EXTRACURRICULAR INVOLVEMENT. COMPLIANCE WITH TAPPS GUIDELINES FURTHER, THE TUITION ASSISTANCE PROGRAM SHALL FULLY COMPLY WITH THE APPLICABLE SECTIONS, AS AMENDED FROM TIME TO TIME, OF THE TEXAS ASSOCIATION OF PRIVATE AND PAROCHIAL SCHOOLS ("TAPPS") MEMBER GUIDELINES, INCLUDING THOSE RELATED TO ATHLETICS AND OTHER EXTRACURRICULAR ACTIVITIES. WHETHER FINANCIAL ASSISTANCE IS PROVIDED TO A STUDENT'S FAMILY (A) BY LEGACY THROUGH THE TUITION ASSISTANCE PROGRAM, AS DESCRIBED ABOVE, OR (B) BY A NON-LEGACY SOURCE, SUCH AS OTHER LEGACY FAMILIES OR THIRD PARTIES (AN "OUTSIDE SOURCE"), THE TAPPS GUIDELINES PROVIDE THAT LEGACY PERSONNEL, LEGACY VOLUNTEERS, PARENTS AND/OR OTHER THIRD PARTIES CANNOT TARGET STUDENTS OR PROSPECTIVE STUDENTS FOR THEIR ATHLETIC ABILITY. OFFERING OR PROVIDING FINANCIAL ASSISTANCE TO STUDENTS BECAUSE OF THEIR ABILITY TO PARTICIPATE IN ATHLETICS OR OTHER TAPPS SANCTIONED EXTRACURRICULAR ACTIVITIES CONSTITUTES UNAUTHORIZED INDUCEMENT OF STUDENTS AND IS A CLEAR VIOLATION OF TAPPS GUIDELINES, WHICH COULD RESULT IN PENALTIES NOT ONLY FOR THE AFFECTED STUDENT BUT ALSO LEGACY. ALTHOUGH A STUDENT OR PROSPECTIVE STUDENT RECEIVING FINANCIAL ASSISTANCE MAY PARTICIPATE IN TAPPS ATHLETICS OR EXTRACURRICULAR ACTIVITIES, STUDENTS CANNOT BE TARGETED FOR RECEIVING FINANCIAL ASSISTANCE BECAUSE OF THEIR POTENTIAL INVOLVEMENT IN SUCH ACTIVITIES AND/OR EVENTS. AS A RESULT, BEFORE FINANCIAL ASSISTANCE CAN BE GRANTED TO AN APPLICANT UNDER THE TUITION ASSISTANCE PROGRAM OR FROM AN OUTSIDE SOURCE, COMPLIANCE WITH TAPPS GUIDELINES IS A MANDATORY CONSIDERATION AND FACTOR. FOR FURTHER EXPLANATION AND CLARIFICATION OF WHAT CONSTITUTES PERMISSIBLE AND NON-PERMISSIBLE ACTIONS AND ASSISTANCE UNDER THE TAPPS GUIDELINES, PLEASE REFER TO THE TAPPS GUIDELINES, INCLUDING SECTION 87 SOLICITATION OF STUDENTS, SECTION 131 ATHLETIC CODES, AND SECTION 133 DUTIES OF ATHLETIC DISTRICT EXECUTIVE COMMITTEE. X 0 0 X X 0 0 0 0 0 0 0 1 0 KEVIN MOSLEY HEAD OF SCHOOL 230412 0 34279 0 14400 0 7364 0 34974 0 321429 0 0 0 SHANNON NELSON CHIEF ADVANCEMENT OFFICER 142725 0 4833 0 0 0 4390 0 10318 0 162266 0 0 0 PART I, LINE 1B THE BOARD OF DIRECTORS HAS APPROVED TO PROVIDE HEALTH CLUB DUES OF $2,400 ANNUALLY FOR CEO KEVIN MOSLEY. THE BENEFIT IS INCLUDED IN HIS BENEFITS PACKAGE AND IS INCLUDED IN HIS TAXABLE WAGES. PART I, LINE 7 THE BOARD APPROVED FOR NON-FIXED CHRISTMAS BONUSES TO BE PAID OUT DURING THE YEAR. CHERI MOSLEY SPOUSE OF KEVIN MOSLEY, HEAD OF SCHOOL 86822 EMPLOYMENT 0 LISA EMBRY SPOUSE OF ANDREW EMBRY, DEAN OF STUDENTS 89322 EMPLOYMENT 0 X 2 55376 PUBLICLY TRADED EXCHANGE X DONATED AUCTION ITEMS 136 173934 COMPARABLE SALES 0 0 1 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS RATHER THAN THE NUMBER OF ITEMS CONTRIBUTED. PART I, LINE 32B: THE ORGANIZATION UTILIZES RAYMOND JAMES & ASSOCIATES TO PROCESS SECURITIES GIFTS. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWS THE DATA SUBMITTED FOR PREPARATION OF THE 990 AND PERFORMS A FINAL REVIEW OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS ITS CONFLICT OF INTEREST POLICY BY REVIEWING THE TRANSACTIONS AND ACTIONS OF THE ORGANIZATION'S MANAGEMENT TEAM WITH PRUDENT FREQUENCY DURING ITS MEETINGS. SPECIFIC LIMITATIONS EXIST CONCERNING BOTH THE BOARD AND MANAGEMENT'S ABILITY TO INITIATE BUSINESS THAT MAY BE CONSIDERED UNLAWFUL, IMMORAL, UNETHICAL OR IN VIOLATION OF THE MISSION STATEMENT OF THE ORGANIZATION. THESE LIMITATIONS ARE CAREFULLY AND DUTIFULLY TRANSMITTED TO ALL BOARD MEMBERS AND THE ORGANIZATION'S HEADMASTER. IT IS THE RESPONSIBILITY OF THE ORGANIZATION'S BOARD THAT IT ENFORCE UPON ITSELF AND THE ORGANIZATION, ITS POLICY CONCERNING CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONSISTENTLY REVIEWS FINANCIAL DATA TO ENSURE MANAGEMENT DECISIONS WITH RESPECT TO EMPLOYMENT, COMPENSATION, AND BENEFITS ARE NOT MATERIALLY DEVIANT FROM COMPARABLE GEOGRAPHIC MARKETS. DECISONS REGARDING COMPENSATION WERE CONTEMPORANEOUSLY DOCUMENTED BY THE SECRETARY OF THE BOARD AND LATER COMPLIED INTO FORMAL MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE BUSINESS OFFICE.